Crypto news, edited for clarity.
Concise reporting sourced from established crypto publishers and reviewed before publication.
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Steak 'n Shake Reports Double-Digit Sales Growth Following Bitcoin Adoption
According to Bitcoin Magazine, Steak 'n Shake reported double-digit sales growth after adopting Bitcoin payments via the Lightning Network.
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Jack Dorsey’s Block Becomes Latest Bitcoin-Focused Company To Apply for Banking Charter
Block applies for a U.S. banking charter to establish Builders Bank, providing federally regulated bitcoin custody.
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US Treasury Secretary Scott Bessent Strongly Urges Senate To Pass Clarity Act
Bitcoin Magazine reports that US Treasury Secretary Scott Bessent urged the Senate to pass the crypto Clarity Act when lawmakers return from recess.
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Solana’s 300ms speed boost to outrun trading bots might come with a hidden cost
Solana reaches 300ms slots to curb arbitrage, while Anza seeks Agave v4.3 volunteers and validator costs shift.
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OpenAI just showed why one of its former researchers thinks AI could kill everyone
OpenAI agents solved a math problem, prompting former researchers to warn that rapid AI advancement could lead to existential risks and government intervention.
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Hunter Biden launched LAPTOP to cure memecoin grift and created a whole new batch of losers
According to CryptoSlate, Hunter Biden's LAPTOP token left nearly 80% of traders underwater despite being pitched as a counter to memecoin grift.
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Treasury’s $6 billion bond intervention creates a stealth test for Bitcoin’s next move
CryptoSlate reports that the US Treasury's $6 billion bond buyback tests whether relief can extend to Bitcoin's broader financing conditions.
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U.S. Bank Completes Live USBDC Stablecoin Pilot on Stellar
U.S. Bank completed a live cross-border pilot of its proprietary USBDC stablecoin on the Stellar blockchain, according to BlockchainReporter.
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Consensys Splits MetaMask Into Independent Consumer Company
Consensys Software Inc. announced on September 9 that it is separating into two independent companies, turning MetaMask into a standalone business.
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Tether and Fasanara Launch $400M Stablecoin Private Credit Fund
Tether and Fasanara Capital launched StableFund, an evergreen private credit vehicle backed by $400 million in sponsor co-investment.
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